PRX 0.00% 0.2¢ prodigy gold nl

Declines continue UK banks -Largest two day drop in history -UK...

  1. 2,475 Posts.
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    Declines continue UK banks -Largest two day drop in history -UK credit rating downgraded, & another big sell off in US last night,
    largest two day sell off since the G.F.C !
    Currency declines every were, negative interest rates now even more likely in the immediate future.
    Those in the world seeking yield on investment will put there money were ?

    The AU gold sector is & likely going to attract significantly more capital as
    investors come to the realisation that yield versus risk dictates the gold sector
    to be one of the safest options.
    As can be seen many are retreating to Gold as a safe haven play's.

    AU-POG pushed on upwards through $1,800 per OZ-Nice!
    Even better for ABU investors-it looks increasingly like ABU will
    be pitching exploration results to hungry pro gold investors.
    lets hope the pending drilling results are Stella.
    gltah-salt

    p.s.-Bloody Nice three day run up in the AU-POG, as seen in chart below!

    Last edited by Saltiga62: 28/06/16
 
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